We still wish the SEC would have suspended mark-to-market accounting, but instead the Treasury injected capital (by buying preferred shares) in order to stabilize the system and bring back investor confidence.
The law also affirmed the S.E.C.'s authority to suspend mark-to-market accounting.
In its latest push to compel confidence, for instance, the authorities are placing enormous pressure on the Financial Accounting Standards Board to suspend "mark-to-market" accounting.
Since banks could worry about the stigma of asking for help, the government may make capital injections mandatory.More controversially, the government plans to suspend mark-to-market accounting rules, which force banks to value their holdings at market prices.
I believe we have to suspend mark-to-market accounting fully, forever.
Suspending mark-to-market accounting could fix major problems at no cost.
Suspending mark-to-market accounting is a cost-free way to buy time.
The current bill included a provision that would give the Securities and Exchange Commission the option to suspend mark-to-market accounting, which many believe has exacerbated the crisis.
Many experts have suggested that easing or suspending mark-to-market when it comes to determining capital ratios could give banks breathing room (See "Q2 Preview: Financials Recover").
The current bill included a provision that would give the SEC the option to suspend mark-to-market accounting, which many believe has exacerbated the crisis.
